What is a roll-over loan? A roll-over loan is a practice which gives the borrower the option to renew a loan on the date that it becomes due, without actually repaying the loan, i.e. a new loan agreement is begun, while the previous one remains active and unpaid. This practice results in the original capital Read more about MICRO-LOANS[…]
THE EFFECTS OF MEMBERS’ CLAIMS ON THE IMMEDIATE FUTURE OF THE BENEFIT STRUCTURE OF MEDICAL AID FUNDS edical aid funds are need to be settled out of the fund’s reserves. • visit healthcare providers; based on the principle Measures to increase reserve levels reduced by Contracting with managed care organisations of solidarity; members to ensure Read more about MEDICAL AID[…]
THE USE OF ADDITIONAL VOLUNTARY CONTRIBUTIONS OR OTHER PRODUCTS TO BOOST YOUR RETIREMENT INCOME ue to the advancement in medicine, today the average person is expected to live longer than in the previous century. On the other hand, one’s productive (working) period is usually limited to one’s employable years. In Namibia the average retirement age Read more about PENSION FUND[…]
SUSPICIOUS TRANSACTIONS/ ACTIVITIES REPORTS The reporting of suspicious transactions or activities is one of the most effective measures to fight against money laundering and prevent the financing of terrorism. This means that the more that Suspicious Transaction Reports (STR’s) and Suspicious Activity Reports (SARs) are submitted to the Financial Intelligence Centre, the less risk is Read more about SUSPICIOUS TRANSACTIONS[…]